Real Estate Agent

Real Estate Agents also called Property Agents, help people buy, sell, or rent properties. Apart from residential properties, Real Estate Agents can also manage rental and commercial properties.

Real Estate Agent Job Description

Provide comprehensive guidance and consultation to clients regarding prevailing property market conditions, pricing trends, and legal regulations within Real Estate transactions.

Promote properties by putting up advertisements on different platforms, such as online websites.

Accompany buyers during property visits, and advise them on the suitability and value of properties.

Draft and prepare paperwork, such as contracts, ensuring accuracy and compliance with Legal requirements.

Negotiate and secure favourable terms and pricing in property transactions, leveraging market knowledge and communication skills to achieve mutually beneficial outcomes.

Note

There are costs involved in becoming Real Estate Agents, from paying for the RES course and exam to registering as a salesperson. Before they can even start earning money, the total costs to be a licensed agent can add up to almost $2000!

What you should know about Real Estate Agent jobs in Singapore

Nature of Work

As Real Estate Agents, your income can fluctuate depending on market conditions, leading many to take on side jobs during times with fewer potential buyers.

Key Advice

You will use your sales skills, industry knowledge, and trustworthy and friendly approach to connect with clients for buying or selling homes.

Entry Requirements

Entry Requirements
Having a diploma or degree in Real Estate would grant you the credentials to become licensed Real Estate Agents. Otherwise, you should have a minimum of 4 GCE ‘O’ Levels passes to take the Real Estate Salesperson (RES) course.

You will need to pass the RES examination to become a licensed Real Estate Agent.

Good character and reputation demonstrated through background checks and character references are beneficial.

Some agencies may require candidates to have prior experience in Sales, Customer Service, or a related field, though this may vary depending on the employer's preferences.
Possible Pathway

Possible Pathway

Skills you need to pursue a Real Estate Agent career in Singapore

Hard Skills

Basic Mathematical Knowledge

Excellent with numbers for financial analysis, budgeting, and pricing in Real Estate transactions.

Industry Knowledge

Well-versed in Singapore's property regulations, ensuring compliance in all transactions and consultations.

Marketing Skills

Ability to craft and execute impactful marketing campaigns, both digital and traditional, to maximise property visibility.

Soft Skills

Communication Skills

Able to articulate Real Estate concepts clearly, ensuring clients are informed and confident in decisions.

Interpersonal Skills

Capability to build and maintain strong professional relationships, creating a network of clients and industry contacts.

Negotiation Skills

Ability to mediate between parties to achieve favourable outcomes, balancing client needs with market realities.

Frequently asked questions (FAQs)

What are some day-to-day experiences of Real Estate Agents?

Being Real Estate Agents comes with many perks, such as independence and time flexibility. The downside that comes with it, however, is that they should expect to work on weekends, holidays, and outside normal office working hours.

Real Estate Agents also travel a lot to meet their clients, so some have cars while others rely heavily on ride-hailing services such as Grab.
What are some surprising things about being Real Estate Agents?

Mastering trivial things such as taking nice pictures of properties would be helpful to stand out from other Real Estate Agents!

The home buying or selling process can be complicated by clients' personal issues and disagreements with their family members. Good communication and active listening skills to resolve such issues are hence highly valuable in this role.
Can Real Estate Agents work as Freelancers?

Yes, they can! Freelance Real Estate Agents have the potential to earn a substantial income, which is largely contingent on their skills, commitment, and the prevailing local Real Estate market conditions.

Freelancers typically receive commissions from property transactions. Successful Freelance Agents often dedicate considerable time and effort to cultivating a robust client network, staying abreast of market trends, and delivering exceptional service to their clients.
What qualifications do Real Estate Agents require?

Applicants must be at least 21 years old and hold a minimum of 4 GCE 'O' Levels passes or an equivalent qualification. Additionally, they should have successfully passed an industry examination, such as the Real Estate Salesperson (RES) or an equivalent exam.
Is it better for Real Estate Agents to work with Property Agencies or not?

This would depend solely on how Real Estate Agents want to work. Freelancers typically offer a service. While some clients appreciate this setup, others prefer to engage with an agency that can offer access to multiple skilled professionals through a single point of contact.